Statistics Office says Slovak GDP depends on Czech and German economies

The development of the Slovak economy in 2010 will especially depend on foreign demand, the general director of the Slovak Statistics Office’s department of macroeconomics statistics, Frantisek Bernadič, told the TASR newswire on March 6, adding that a certain recovery already took place in the final quarter of 2009. “The development of Slovak exports will be influenced especially by the direction in which economies of Slovakia’s crucial business partners develop – especially Germany and the Czech Republic,” said Bernadič. The situation will also depend on developments in the sphere of domestic demand, investments, household expenditures and public administration, he added. TASR

The development of the Slovak economy in 2010 will especially depend on foreign demand, the general director of the Slovak Statistics Office’s department of macroeconomics statistics, Frantisek Bernadič, told the TASR newswire on March 6, adding that a certain recovery already took place in the final quarter of 2009.

“The development of Slovak exports will be influenced especially by the direction in which economies of Slovakia’s crucial business partners develop – especially Germany and the Czech Republic,” said Bernadič. The situation will also depend on developments in the sphere of domestic demand, investments, household expenditures and public administration, he added. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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